CCN 150015, MICHIGAN CITY, IN · Medicare cost reports, FY2020–FY2025
Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.
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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 99 | 99 | 119 | 133 | 141 | 142 |
| Total bed days availableunverified | 36,234 | 36,135 | 43,435 | 48,545 | 51,126 | 51,495 |
| Total facility dischargesunverified | 5,868 | 7,132 | 6,566 | 6,242 | 6,559 | 7,113 |
| Total facility inpatient daysunverified | 26,333 | 28,720 | 28,516 | 31,943 | 33,049 | 33,041 |
| Total patient revenue (gross charges)unverified | $868,146,890 | $1,030,882,986 | $1,121,080,464 | $1,610,096,295 | $1,877,080,508 | $2,018,361,631 |
| Contractual allowances and discountsunverified | $632,741,776 | $749,809,258 | $844,355,987 | $1,259,656,588 | $1,482,463,578 | $1,603,142,657 |
| Net patient revenueunverified | $235,405,114 | $281,073,728 | $276,724,477 | $350,439,707 | $394,616,930 | $415,218,974 |
| Total operating expensesunverified | $213,930,455 | $227,892,432 | $259,763,387 | $332,763,828 | $355,846,351 | $375,984,937 |
| Net income from service to patientsunverified | $21,474,659 | $53,181,296 | $16,961,090 | $17,675,879 | $38,770,579 | $39,234,037 |
| Net incomeunverified | $-189,587,068 | $55,103,541 | $22,620,751 | $23,745,332 | $60,058,895 | $63,884,868 |
| Cost of uncompensated careunverified | $10,882,297 | $9,278,957 | $9,923,291 | $9,855,945 | $7,965,404 | $7,938,266 |
| Total facility bad debt expenseunverified | $11,898,527 | $6,510,636 | $3,796,347 | $7,440,651 | $8,292,508 | $5,130,178 |
| Charity care charges and uninsured discountsunverified | $23,009,240 | $23,762,447 | $25,796,055 | $24,035,187 | $22,612,313 | $23,252,271 |
| Cost of charity careunverified | $8,060,517 | $7,883,070 | $9,062,583 | $8,392,308 | $6,464,229 | $7,023,540 |
| Charges for insured patients' liabilityunverified | — | — | — | $278,722 | — | $30,226 |
| Operating marginunverified | 9.1% | 18.9% | 6.1% | 5.0% | 9.8% | 9.4% |
| Overall cost-to-charge ratiounverified | 24.6% | 22.1% | 23.2% | 20.7% | 19.0% | 18.6% |
| Occupancy rateunverified | 72.7% | 79.5% | 65.7% | 65.8% | 64.6% | 64.2% |
| Average length of stayunverified | 4.5 | 4.0 | 4.3 | 5.1 | 5.0 | 4.6 |
| Uncompensated care as % of operating expenseunverified | 5.1% | 4.1% | 3.8% | 3.0% | 2.2% | 2.1% |
| Charity care cost-to-charge ratiounverified | 35.0% | 33.2% | 35.1% | 34.9% | 28.6% | 30.2% |